Prime minister Modi had announced a deal to buy 36 fighter jets in Paris on Friday
GN Bureau | April 11, 2015
Rafale fighter jets will be inducted in IAF in a span of two years. Defence minister Manohar Parrikar said on Saturday that French Rafale jet deal, announced by prime minister Narendra Modi on Friday in Paris is a great decision taken on the terms and conditions that are better. India has finally broken the ice over the Rafale deal which has been pending for 17 years, said Parrikar
India will buy 36 fighter planes that are ready to fly, citing critical operational requirement of the IAF. The announcement was made by Modi at a joint news conference with French president Francois Hollande after their summit talks at Elysee palace. The deal is under the government to government agreement.
India and France were locked in negotiations for three years over the purchase of 126 Rafale fighter jets valued at $12 billion but has been bogged down over cost and Dassault Aviation's reluctance to stand guarantee for 108 planes to be made by Hindustan Aeronautics Limited in India.
An agreement on the stalled 10,000 MW nuclear project in Jaitapur in Maharashtra was among the 17 pacts signed after the talks between Modi and Hollande. The deal was signed between India's Larsen and Toubro and France's AREVA and it is aimed at cost reduction by increasing localisation.
Another pact related to Pre-engineering agreementsbetween NPCIL and AREVA in connection with studies that is intended to bring clarity on all technical aspects of the plant so that all parties (AREVA, ALSTOM and NPCIL) can firm up their price and optimise all provisions for risks still included at this stage in the costs of the project.
It will also enable transfer of technology and development of indigenous nuclear energy industry in India.
Other decisions include a scheme for expedited 48 hours visa issuance by France for Indian tourists.
France also announced an investment of about $1 billion in India as Modi invited French companies to pump in money in technology in the fastest growing economy.
Becoming Gandhi: Living the Mahatma`s 6 Moral Truths in Immoral Times By Perry Garfinkel Simon & Schuster India, 264 pages, Rs 699
I Am an Ordinary Man: India’s Struggle for Freedom (1914–1948) Edited by Gopalkrishna Gandhi Aleph, 456 pages, Rs 999
Selected Works of C. Rajagopalachari: Vol. VIII, 1946–48 By Ravi K. Mishra and Narendra Shukla (Editors) Orient BlackSwan, 460 pages, Rs 2,575
On the occasion of the birth anniversary of Mahatma Gandhi, renowned academic publishers Sage have opened access to many notable articles and essays on the Father of the Nation. Here we reproduce an excerpt from one of them, well-known historian Amar Farooqui’s highly original and detailed article in
Union Minister for Education and Skill Development & Entrepreneurship Dharmendra Pradhan Saturday launched the Bharatiya Bhasha Utsav and inaugurated the two-day Technology & Bharatiya Bhasha Summit in New Delhi. The summit aims to facilitate a seamless transition from the current education ecosyst
India has retained the 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization. India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023. Inn